Searches And Hires
The plan also terminated a fixed-income manager last month.
The university added three private real asset commitments to its approximately $2.3 billion endowment in December and January, including one with a new manager.
The institution is searching for investment advisors to provide discretionary investment management and advisory services for its endowment as its finance and investment committee evaluates a potential small allocation to alternative investments.
The institution rehired its incumbent provider over two other finalists to continue delivering banking and investment services for its portfolio after launching a search last year.
Two prominent foundations are among the group of endowments, foundations, pensions, corporations and family offices to commit to a firm’s recently closed second venture fund.
The plan approved a search to fill a $390 million allocation last week.
The pacing plans call for a total of $105 million to private markets this year.
The retirement system also canceled its general investment consultant RFP and approved a 2025 private markets pacing plan in January.
The county is seeking a manager to handle two portfolios totaling $14 million.
Bolton Investment currently provides investment consulting services for the plans.